Despite Rihanna‘s now chart topping success, she recently admitted to nearly going bankrupt in 2009 after following poor financial management from her former accountants. The well known singer, claims the misguided advice caused her to become “effectively bankrupt” in just one year .
Legal documents provided by Rihanna, reflect an $11 million cash start to the year 2009, and a year end balance of $2 million, alongside much higher expenses. The former accountants allegedly failed to inform Rihanna of her suffering 2009 Last Girl on Earth tour, and instead directed her to buy a house. But clearly, RiRi was not going out like that!
In 2012, Rihanna filed a $35 million lawsuit against the accountants. It finally looks like this case is at a close, as the firm is reportedly offering RiRi a settlement of over $10 million .
So Rihanna Navy… settle down! Looks like this Bad Gal is headed for a well deserved settlement!
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